Nilr,
He's been at it for some time actually. He will also lean his "stories" which ever way the wind is blowing hardest at the time.
I believe it is best to not pay much attention to these writers. That's what they are, they are writers looking for reactions from readers. They are not analysts (see Lowtrade, et al) and nor investment experts. I find them lazy (as in this is cult is easy pickins), not highly educated and very conservative.
That being said tho...With re: to the Russian deal I believe now that Huff did count his chickens before they were hatched and that caused all this ruckus. I think he got concerned about stock price, the bad press, the progress on the Strat. etc, and rightfully so, but jumped the gun when releasing the Russia deal news and it backfired (But you can't say that he doesn't care about us). I don't think/feel the Russian deal is dead by a long, long shot. I
think from reading everything I can that Globetel needs to prove itself to the VC's of the deal and the bank. (Hence the Mexico testing et al). It just makes alot more sense all around that it would be this way. I believe that the Russian deal was real but not really hammered out with a big viable plan with timelines, employees, product etc. Everyone saw $$$'s. But I think it may be on track now and if GTE makes the right moves it will go through (although maybe not $600mil).
One last thing, I also feel that a downside to this for GTE and Internafta is that it woke up alot of folks. Especially those in Russia and alot of people want a piece of that pie. That to me is probably the biggest blunder and part of the blame lies with us investors yelling and kicking and screaming and demanding they tell us things/news from the company we've invested in. I've learned it is a hard line to walk between trusting the management and letting them do their jobs and also to do your DD and keeping management accountable and protecting your investment.
Phew, that was longer than I expected. Over and out. Have a good day all.
